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Showing posts from November, 2022

Mutual Fund Distribution Business Advantages

  The mutual funds industry in India is growing at a lightning pace, and this presents a wonderful career opportunity for you. Become a mutual fund distributor and make a fantastic living with the commissions you earn on your clients’ investments. Here are some of the reasons why you should really consider starting an MFD business.  You are your Own Boss MFD business gives you the freedom that no job can offer. You can work at any time and from any place. All you need to do is onboard clients and help them buy and sell units of mutual fund schemes. That’s it! And you will earn commission.  Financial Freedom  Now you may think that mutual fund distribution business is only a good passive income option. But that is where most people go wrong! Mutual fund distribution can earn you hefty commission that would suffice as your primary earning source. Thus, you enjoy financial freedom in your life.  Here are some responsibilities of a MF distributor to help you understand the work better.  E

Achieve your Financial Goals with Fixed Deposits

  Financial literacy is growing in India and people are realizing the significance of protecting their wealth against inflation. Thus, an increasing number of people are now looking for options to take their wealth out of savings bank account and put it to use to get something in return. While many are headed to the securities markets to invest their money through mutual funds and stocks, others are seeking for safer or less risky means to grow their funds. A great option here are fixed deposits that earn you a fixed interest rate on your funds. After a period of several quarters, banks are also increasing their FD interest rates to make fixed deposit schemes more lucrative for depositors. If you would also like to put your excess funds in FDs, then this article is for you. Here you will find interest rates of several banks to help you find the best option for you. So, without taking anymore time, let us begin.  Canara Bank FD Interest Rates - This is among the fastest growing banks in

Banks Offering the Highest Fixed Deposit Interest Rates

Fixed deposits are a great way to put your savings to good use and earn interest on the same. This is the reason why FDs are the most popular financial instruments for the people of India to park their funds. But then one question arises – which bank to choose to create an FD? Well, this article is the answer to this question. Here you will find details about all the banks offering the best FD interest rates in India. So, without any further ado, let us begin.  Bank of Baroda – The highest Bank of Baroda fixed deposit interest rates for regular and senior citizens stand at 5.50 percent and 6.50 percent, respectively. Please note that these interest rates are for deposits of up to INR two crores.  HDFC Bank – Unarguably the biggest private sector bank in India, HDFC Bank offers you 6.10 percent annual returns for FDs (up to INR two crores) for a tenure of three years and one day to five years.  Axis Bank – One of the biggest private banks in India, Axis Bank is offering the highest int